{"id":7978,"date":"2026-08-12T12:34:21","date_gmt":"2026-08-12T10:34:21","guid":{"rendered":"https:\/\/mumak.me\/?p=7978"},"modified":"2026-08-12T12:55:52","modified_gmt":"2026-08-12T10:55:52","slug":"red-hot-chili-mumak-of-the-week-spacex-technical-chart-picture-brightens-significantly","status":"publish","type":"post","link":"https:\/\/mumak.me\/en\/portfolio-updates\/company-update\/red-hot-chili-mumak-of-the-week-spacex-technical-chart-picture-brightens-significantly\/","title":{"rendered":"RED HOT CHILI mumak of the Week: SpaceX \u2013 Technical Chart Picture Brightens Significantly"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"7978\" class=\"elementor elementor-7978 elementor-7977\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-21f229a e-flex e-con-boxed e-con e-parent\" data-id=\"21f229a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c7c5ed1 elementor-widget elementor-widget-text-editor\" data-id=\"c7c5ed1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h2>Why the stock is particularly convincing right now<\/h2><div>With the RED HOT CHILI\u2122 MUMAK, MUMAK\u00ae highlights every week the company that currently shows the greatest alignment across our five analysis levels:<\/div><div> <\/div><ul><li><strong>Geopolitics<\/strong><\/li><li><strong>Industry<\/strong><\/li><li><strong>Fundamentals<\/strong><\/li><li><strong>News &amp; Market Sentiment<\/strong><\/li><li><strong>Technical Analysis<\/strong><\/li><\/ul><div>This week, <a href=\"https:\/\/mumak.me\/en\/inside-umbrella\/stocks\/stock-spacex\/\"><strong>Space Exploration Technologies Corp. \u2013 SpaceX<\/strong><\/a> receives this award.<\/div><div> <\/div><div>The strong operational development, the increasing importance of Starlink, and the company&#8217;s strategic position within the aerospace and satellite industry form a fundamentally constructive starting position. In parallel, the overall short-term technical chart picture has also brightened recently following the significant correction of the past few weeks.<\/div><div> <\/div> <div><strong><a href=\"https:\/\/mumak.me\/en\/research-insights\/valuation-analysis\/valuation-analysis-spacex\/\" target=\"_blank\" rel=\"noopener\">We have already extensively presented SpaceX&#8217;s fundamental valuation<\/a><\/strong> on MUMAK.me. The focus of this update is therefore on the current technical chart development.<\/div><div> <\/div><h3>Fundamental Quality Meets New Momentum<\/h3><div><a href=\"https:\/\/mumak.me\/en\/inside-umbrella\/stocks\/stock-spacex\/\"><strong>SpaceX<\/strong><\/a> is currently convincing not only through its strong market position and high structural growth.<\/div><div> <\/div><div>From our perspective, the following factors in particular indicate a fundamentally positive starting position:<\/div><div> <\/div><ul><li>strong revenue growth<\/li><li>significant improvement in adjusted EBITDA<\/li><li>Starlink as an increasingly important financial growth driver<\/li><li>further increasing number of Starlink subscribers<\/li><li>strong position in commercial rocket launches<\/li><li>strategic importance for US space and defense infrastructure<\/li><\/ul><div>This fundamental development forms the basis for the current RED HOT CHILI\u2122 MUMAK award.<\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3f8614a e-con e-atomic-element e-div-block-base image-container \" data-id=\"3f8614a\" data-element_type=\"e-div-block\" data-e-type=\"e-div-block\" data-interaction-id=\"3f8614a\" data-e-type=\"e-div-block\" data-id=\"3f8614a\">\n    \t\t<div class=\"elementor-element elementor-element-c292470 elementor-widget elementor-widget-image\" data-id=\"c292470\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/08\/SPCX-1-day-scaled.png\" data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-title=\"SPCX 1 day\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6Nzk4OSwidXJsIjoiaHR0cHM6XC9cL211bWFrLm1lXC93cC1jb250ZW50XC91cGxvYWRzXC8yMDI2XC8wOFwvU1BDWC0xLWRheS1zY2FsZWQucG5nIn0%3D\">\n\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"2560\" height=\"1649\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/08\/SPCX-1-day-scaled.png\" class=\"attachment-full size-full wp-image-7989\" alt=\"SPCX 1 day\" srcset=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/08\/SPCX-1-day-scaled.png 2560w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/08\/SPCX-1-day-300x193.png 300w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/08\/SPCX-1-day-1024x660.png 1024w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/08\/SPCX-1-day-768x495.png 768w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/08\/SPCX-1-day-1536x989.png 1536w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/08\/SPCX-1-day-2048x1319.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n<\/div>\n\t\t<div class=\"elementor-element elementor-element-c233f41 elementor-widget elementor-widget-text-editor\" data-id=\"c233f41\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h3>Technical Chart Analysis Provides Additional Support<\/h3><div><div>After a significant correction since the highs in June, <a href=\"https:\/\/mumak.me\/en\/inside-umbrella\/stocks\/stock-spacex\/\"><strong>SpaceX<\/strong><\/a> stabilized in the area of around $108 at the beginning of August.<\/div><div> <\/div><div>From there, a dynamic counter-movement set in, which led the stock back to the area of just under <strong>$139<\/strong> within a few trading days.<\/div><div> <\/div><div>From a technical chart perspective, this has visibly improved the short-term market structure.<\/div><div> <\/div><div>The stock is now trading significantly above the midline of the Bollinger Bands again. At the same time, RSI and MACD have also improved compared to their lows.<\/div><div> <\/div><div>However, the recent movement should not yet be interpreted as a fully confirmed medium-term trend reversal.<\/div><div> <\/div><h3>The area around $108 developed into key support<\/h3><div>The zone around <strong>$108<\/strong> is particularly important right now.<\/div><div> <\/div><div>The stock stabilized in this area at the beginning of August after the previously pronounced downward movement.<\/div><div> <\/div><div>Should this zone hold in the future, it would provide additional support for the currently improved overall technical picture.<\/div><div> <\/div><div>A sustained break below the <strong>$108<\/strong> mark, on the other hand, would call the recent bottoming out into question and significantly cloud the technical picture once again.<\/div><div> <\/div><h3>The next resistance lies in the $139 area<\/h3><div>The focus is now initially on the zone between approximately <strong>$136 and $139<\/strong>.<\/div><div> <\/div><div>The upper Bollinger Band is currently located here at around <strong>$139<\/strong>. At the same time, the recent recovery movement initially reached its temporary high in this area.<\/div><div> <\/div><div>With a current price of around <strong>$133<\/strong>, <strong><a href=\"https:\/\/mumak.me\/en\/inside-umbrella\/stocks\/stock-spacex\/\">SpaceX<\/a><\/strong> is trading slightly below that again.<\/div><div> <\/div><div>A sustained break above the <strong>$139<\/strong> area could further confirm the short-term improved chart setup and open up additional upside potential.<\/div><div> <\/div><div>The next more pronounced resistance area is then located at around <strong>$171<\/strong>.<\/div> <div> <\/div><h3>Bollinger Bands suggest improved momentum<\/h3><div>During the preceding correction, <a href=\"https:\/\/mumak.me\/en\/inside-umbrella\/stocks\/stock-spacex\/\"><strong>SpaceX<\/strong><\/a> moved in the lower half of the Bollinger Bands for long stretches.<\/div><div> <\/div><div>With the recent recovery, it first managed to return above the midline and then made a dynamic climb to the upper Bollinger Band.<\/div><div> <\/div><div>The midline is currently at around <strong>$121<\/strong>, while the upper band is at about <strong>$139<\/strong>.<\/div><div> <\/div><div>This means the stock continues to trade significantly above its short-term Bollinger midline.<\/div><div> <\/div><div>The pullback from the upper band is not unusual at first after the preceding dynamic movement.<\/div><div> <\/div><div>The decisive factor now will likely be whether the stock can stabilize above the midline.<\/div><div> <\/div> <h3>RSI confirms the improved momentum<\/h3><div>The Relative Strength Index (RSI) is currently at around <strong>52 points<\/strong>.<\/div><div> <\/div><div>This means <a href=\"https:\/\/mumak.me\/en\/inside-umbrella\/stocks\/stock-spacex\/\"><strong>SpaceX<\/strong><\/a> is moving in neither overbought nor oversold territory.<\/div><div> <\/div><div>Rather, the indicator is currently in a largely neutral zone.<\/div><div> <\/div><div>On a positive note, however, the RSI improved significantly during the recent recovery and reclaimed the 50 mark.<\/div><div> <\/div><div>The indicator thus confirms the improved short-term momentum without currently pointing to a technically overheated situation.<\/div><div> <\/div><h3>MACD provides a positive short-term signal<\/h3><div>The MACD has also improved significantly over the past few trading days.<\/div><div> <\/div><div>The MACD accordingly appears positive.<\/div><div> <\/div><div>The indicator thus supports the recent recovery movement.<\/div><div> <\/div><h3>Several technical factors could currently favor SpaceX<\/h3><div>The interplay of several technical aspects appears particularly interesting:<\/div><div> <\/div><ul><li>Stabilization in the area of around $108<\/li><li>dynamic recovery from the August low<\/li><li>return above the midline of the Bollinger Bands<\/li><li>Bollinger midline at around $121 as the first important support<\/li><li>upper Bollinger Band at around $139 as a short-term resistance zone<\/li><li>RSI back above 50<\/li><li>MACD above the signal line<\/li><li>higher trading volume during the recent recovery movement<\/li><\/ul><div>In our view, it is precisely this simultaneous occurrence of several constructive factors that increases the significance of the currently improved chart setup.<\/div><div> <\/div><div>At the same time, the technical situation remains comparatively vulnerable due to the short stock market history and continued high volatility.<\/div><div> <\/div><h3>Why does SpaceX receive the RED HOT CHILI\u2122 MUMAK?<\/h3><div>The RED HOT CHILI\u2122 MUMAK does not honor the best company.<\/div><div> <\/div><div>It honors the company that shows the greatest alignment across our five analysis levels at the respective time of analysis.<\/div><div> <\/div><div>With <a href=\"https:\/\/mumak.me\/en\/inside-umbrella\/stocks\/stock-spacex\/\"><strong>SpaceX<\/strong><\/a>, we currently see exactly this constellation.<\/div><div> <\/div><div>Fundamental development remains characterized by strong growth.<\/div><div> <\/div><div>Starlink is increasingly developing into a significant financial growth driver.<\/div><div> <\/div><div>The strategic position within the aerospace and satellite industry remains strong.<\/div><div> <\/div><div>Market sentiment is also generally positive, looking at the analysts.<\/div><div> <\/div><div>This picture is complemented by several improved technical chart signals.<\/div><div> <\/div><div>It is precisely this interplay that makes <a href=\"https:\/\/mumak.me\/en\/inside-umbrella\/stocks\/stock-spacex\/\"><strong>SpaceX<\/strong><\/a> the RED HOT CHILI\u2122 MUMAK this week.<\/div><div> <\/div><h3>Key Message<\/h3><div><a href=\"https:\/\/mumak.me\/en\/inside-umbrella\/stocks\/stock-spacex\/\"><strong>SpaceX<\/strong><\/a> may have stabilized technically after the significant correction of the past few weeks.<\/div><div> <\/div><div>After forming support in the area of around <strong>$108<\/strong>, a dynamic recovery to just under $139 followed. The stock was able to reclaim the midline of the Bollinger Bands, while RSI and MACD improved at the same time.<\/div><div> <\/div><div>The focus is now initially on the resistance area between <strong>$136 and $139<\/strong>. A sustained breakout above this could further confirm the recent recovery movement.<\/div><div> <\/div><div>Above that, the next more pronounced technical resistance area is located at around <strong>$171<\/strong>.<\/div><div> <\/div><div>On the downside, however, the Bollinger midline at around <strong>$121<\/strong> is gaining importance. Below that, the zone around <strong>$108<\/strong> remains the decisive support.<\/div><div> <\/div><div>The combination of a fundamentally positive development and several constructive short-term technical chart signals currently makes <strong><a href=\"https:\/\/mumak.me\/en\/inside-umbrella\/stocks\/stock-spacex\/\">SpaceX<\/a><\/strong> one of the more interesting stocks within our analysis universe.<\/div><div> <\/div><div>At the same time, however, caution remains advised. The stock has shown extremely high volatility since the IPO, and the trading history to date is still comparatively short. Furthermore, the medium-term trend reversal is not yet fully confirmed technically. <\/div><div> <\/div><div> <\/div><div>From the perspective of the MUMAK\u00ae methodology, <a href=\"https:\/\/mumak.me\/en\/inside-umbrella\/stocks\/stock-spacex\/\"><strong>SpaceX<\/strong><\/a> therefore receives the RED HOT CHILI\u2122 MUMAK award this week. \ud83d\udd25\ud83d\udcc8<\/div><div> <\/div><h3>Note<\/h3><div>There can only be one single RED HOT CHILI\u2122 MUMAK at any given time.<\/div><div> <\/div><div>The RED HOT CHILI\u2122 MUMAK is an internal award of the MUMAK\u00ae methodology. It identifies the company that, at the time of publication, shows the highest alignment of the five MUMAK\u00ae analysis categories within our analysis universe.<\/div><div> <\/div><div>The award is based on the MUMAK\u00ae methodology and our analysis of the current market situation. It describes what we consider to be the most convincing overall constellation within our analysis universe at the time of publication and does not constitute investment advice or a buy, hold, or sell recommendation.<\/div><div> <\/div><div>The presented assessments reflect solely the opinion of MUMAK\u00ae at the time of publication and may change at any time. Past performance, current valuations, or awards do not allow for reliable conclusions about future performance.<\/div><div> <\/div><div>Investments are associated with risks and can lead to the complete loss of the capital invested. Every investment decision should be based on an independent review and consideration of personal investment goals, investment horizon, and individual risk tolerance.<\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Following the significant recovery from the August low and a noticeable improvement in the short-term chart setup, SpaceX receives the RED HOT CHILI\u2122 MUMAK this week.<\/p>\n","protected":false},"author":2,"featured_media":2171,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[151],"tags":[555,556,520,471,176],"aktie":[],"class_list":["post-7978","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-update","tag-spacex","tag-starlink","tag-chart-analysis","tag-space","tag-stock-analysis"],"acf":[],"_links":{"self":[{"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/posts\/7978","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/comments?post=7978"}],"version-history":[{"count":5,"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/posts\/7978\/revisions"}],"predecessor-version":[{"id":7996,"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/posts\/7978\/revisions\/7996"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/media\/2171"}],"wp:attachment":[{"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/media?parent=7978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/categories?post=7978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/tags?post=7978"},{"taxonomy":"aktie","embeddable":true,"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/aktie?post=7978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}